Key Developments: Hofseth Biocare ASA (HOFBC.OL)

HOFBC.OL on Oslo Stock Exchange

2.80NOK
22 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Hofseth Biocare ASA signs new agreements on fresh salmon oil and have installed new steam boiler
Thursday, 4 Dec 2014 02:55am EST 

Hofseth Biocare ASA:Signs new agreements on fresh salmon oil and have installed new steam boiler.Contracts are signed with two European retail chain customers and have a minimum annual contract value of 40 million Norwegian crowns.Says first deliveries will take place during Q1 2015.Says has also installed new steam boiler at Midsund plant during November.  Full Article

Hofseth Biocare receives order for salomon protein ProGo
Monday, 24 Nov 2014 07:45am EST 

Hofseth Biocare ASA:Says has received an order for HBCs salomon protein ProGo from an asian customer.First deliveries are expected to be in December 2014 or January 2015.  Full Article

Hofseth Biocare ASA in final negotiations on two agreements worth NOK 40 mln
Wednesday, 19 Nov 2014 05:05am EST 

Hofseth Biocare ASA:Says is in final negotiations on two agreements of fresh encapsulated salmon oil.Minimum annual value of contracts is 40 million Norwegian crowns.The contracts could lead to the first deliveries in Q1 or Q2 2015.Says has also received confirmation regarding launch in USA under private label from April 2015.  Full Article

Hofseth Biocare ASA gives future 2015 outlook
Friday, 14 Nov 2014 02:00am EST 

Hofseth Biocare ASA:Says increased customer base will provide improved revenues in 2015.Says HBC expects large volumes in pet nutrition in 2015 and 2016.Says expects higher turnover and better margins in 2015.  Full Article

Hofseth Biocare: new protein for endurance sports
Thursday, 13 Nov 2014 02:01am EST 

Hofseth Biocare ASA:Launches new protein for endurance sports.  Full Article

Hofseth Biocare ASA signs distribution of Salmon Protein Hydrolysate with Aceto
Friday, 17 Oct 2014 04:06am EDT 

Hofseth Biocare ASA:Says Hofseth Biocare ASA signs distribution of Salmon Protein Hydrolysate with Aceto Health Ingredients GmbH for the European market.Says the agreement is the largest of its kind HBC has signed and will give revenues in 2015 and onward.Says agreement includes exclusive rights for Aceto to distribute ProGo as a human nutrition ingredient in EU and Swiss market.Says agreement is signed conditional to sales performance and market efforts by Aceto.Says agreement strengthens HBC sales in European market through Aceto's sales force.  Full Article

Hofseth Biocare completes clinical study on salmon protein
Monday, 6 Oct 2014 07:20am EDT 

Hofseth Biocare ASA:Says completes clinical study on salmon protein, showing strong results on treatment of anemia and obesity.Says results from study are significant and show strong increase in hemoglobin and decreased BMI (Body Mass Index), using HBCs salmon protein hydrolysate.Says final report on study will be published early 2015.  Full Article

Hofseth Biocare ASA signs LOI for distribution of Salmon Protein Hydrolysate
Wednesday, 1 Oct 2014 03:50am EDT 

Hofseth Biocare ASA:Says signs LOI (letter of intent) for distribution of Salmon Protein Hydrolysate with Aceto Health Ingredients GmbH.Says entered into an intention agreement on HBC's protein for distribution in EU and Swiss market.Says aim is to sign a formal distribution agreement by the end of 2014.  Full Article

Hofseth Biocare ASA replaces damaged critical part in production and sells more fresh salmon oil
Wednesday, 20 Aug 2014 02:50am EDT 

Hofseth Biocare ASA:Says has revealed a damage to the steam boiler, which is a vital part of the production process at HBCs plant in Midsund.Says the damage is covered by HBCs insurance, both in terms of actual equipment replacement and operational business interruption insurance.Says the shut down will not cause inconvenience to HBC until the equipment is replaced in mid-November.Says has also received an order for fresh salmon oil from a UK customer.  Full Article

Hofseth Biocare has received an order for fresh salmon oil capsules from a Finnish customer.
Monday, 28 Jul 2014 06:10am EDT 

Hofseth Biocare ASA:Says has received order for fresh salmon oil capsules from a Finnish customer.Says entered into an exclusivity agreement with the customer on encapsulated salmon oil to the Finnish market for the next three years.Says 1st delivery occurs during the summer of 2014.Says products will be sold in one of Finland's retailers with more than 1,600 outlets.  Full Article

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